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MEDC Awards Brownfield Tax Credits To Three Properties

DETROIT-Three new redevelopment projects in Detroit are set to move ahead thanks to brownfield tax credits granted by the Michigan Economic Development Corporation.

By Dan Heaton | Updated on November 25, 2003

DETROIT-The Michigan Economic Development Corporation has granted brownfield tax credits to assist three redevelopment projects in the city.

VITEC, a Tier One automotive supplier engaged in the design, manufacture and assembly of plastic fuel tanks, plans a $20.6 million expansion in the Clark Street Technology Park. The tech park is the former location of the General Motors Cadillac assembly plant.

Huber-Manchester Investments plans to initiate the first phase of the redevelopment of I-94 Industrial Park here. The company will build a new 300,000-sf facility to house manufacturing service, light assembly and warehousing operations within the park. Construction will begin in December with completion expected next May.

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